Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
The number of shares does it have after the recap is 40,000,000 shares.
Number of shares
First step
Number of shares= Amount raised / stock price
Number of shares= 130,000,000 / 6.50
Number of shares= 20,00,000 shares
Second step
Number of shares= Number of shares before recap - Shares repurchased
Number of shares= 60,000,000 - 20,00,000
Number of share= 40,000,000 shares
Learn more about number of shares here:https://brainly.com/question/24321375
#SPJ1
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.